This is easily repaired. I've worked on several with 0010. You need to reflow the SB chip. Basically you need to completely disassemble the 360 and use a heat gun set on a medium setting (anywhere from 500 to 750 degrees) to apply heat to the top of the chip. Don't use continuous heat (hold the gun about a quarter inch above the chip, count to 20 and then remove it for 10 seconds. Repeat this process for 4 minutes). Be aware of other components around the SB chip. Many of them can easily be burned or melted. You may also want to go ahead and reflow the GPU, RAM, and CPU (if the SB chip is failing, then these will need to be reflowed soon anyway). Just put your 360 back together and you're done! If you do decide to reflow the CPU and GPU, you'll need to get some thermal cleaner (I highly recommend Arcticlean) and some new Arctic 5 thermal compound. Make sure you clean the chips until they have a mirror-like shine, and then reflow just like you did with the SB chip. Then use a Qtip to apply a new layer of Thermal Compound to the CPU and GPU (make it very thin, it only takes a drop about the size of a grain of rice to cover the whole chip).
Hope that this info helps! BTW: My heat gun only cost me $19 at Home Depot and I've fixed over 100 RROD consoles with it so far.